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Security - Banking Exchange
The associations put forward recommendations after a series of major cyber incidents
The Fed’s report found credit card fraud to be the most common, affecting 17% of fraud victims
Leading banking associations have called on the SEC to axe its controversial rule around the disclosure of cyberattacks
Use of quantum-resistant encryption
64% of respondents intend to increase their spending on third-party software
Four associations argue that CISA's rule diverts essential cybersecurity resources needed to protect institutions and their customers
It is striking that 40% have no plans to adopt AI/ML in the near future
Black Kite, a leader in third-party cyber risk intelligence, has released its sixth annual Third Party Breach Report
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